Bitcoin Talk with Michael Bloomberg, Jim Cramer and Shark Tank Kevin Oleary

Written by:
C Costigan
Published on:
Jan/27/2018

Bloomberg News  founder Michael Bloomberg, CNBC's Jim Cramer and Shark Tank's Kevin O'Leary give their opinions on the cryptocurrency craze, in particular Bitcoin, with these snippets from recent interviews.

When asked at what point is it important to have a Bitcoin strategy, Bloomberg responded "Not in our lifetime".

He clarified further: "All businesses are aware that the rubber meets the road.  They're not dealing in expensive financial transactions.  They're dealing with trying to create products that people want to buy."

Cramer suggested that Bitcoin is going to be a trillion dollar market.

As for O'Leary, he suggests that cryptocurrencies are not a currency, they are assets.

"I'm not sure Bitcoin is a great long term investment because I don't know what's going to happen to it but I do know a company that makes free cash flow that pays you a dividend each quarter."

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